Accelerated Urgent Care
6,039 SF | Office Building | Bakersfield, CA 93309 | $5,730,000 ($949/SF) | 6% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,730,000
- Property Type
-
Office
- Square Feet
- 6,039 SF
- Price / Square Foot
- $949
Listing Contacts
Bryan Webb
Verified Profile
- Property Info
Property Overview
A corporate/personal guaranteed absolute NNN Accelerated Urgent Care with 11 years remaining in the primary term. The subject property is located at a heavily trafficked, signalized intersection in Bakersfield, CA, the largest economy in San Joaquin Valley.
Property Details
- Class
- C
- Year Built/Renovated
- 1971/2020
- Stories
- 1
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 36,590 SF
Highlights
- State of the art retrofit-to-suit in 2020 providing patients with the best technology
- The lease structure is Abs. NNN with a corporate/personal guaranty, making this a passive investment opportunity for a hands-off investor
- 3% annual rental increases during the primary term and option periods, providing an investor with a hedge against inflation
- Accelerated Urgent Care specializes in Medi-Cal insured patients, largest health plan covering 38% of Kern County through the Kern Family Health Care
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